Fixed asset investment of Nanning exceeds RMB 400 billion

Date：2018-02-01

In 2017, in accordance with the general tone of seeking progress while maintaining a stable pace, Nanning Municipal Party Committee and Municipal Government taking the construction of key projects as the starting point and guided by the government investment, has arranged and promoted the fixed asset investment, realizing investment of RMB 430.76 billion, exceeding the level of RMB 400 billion.

In 2017, the fixed asset investment of each month of the year kept a steady double-digit growth, increasing by 12.63% for the whole year, 5.43 percentage points higher than that of the national level and 0.2 percentage points lower than that of the regional level, ranking the 9th among the 14 cities of the region. Among them, the completed investment of projects was RMB 334.97 billion, increasing by 12.76% over that of last year, accounting for 77.76% of the total investment; investment in real estate development was RMB 95.81 billion, up 12.19% over that of the previous year, accounting for 22.24% of the total investment.